🌕MakerDAO's company has recently shared an exciting roadmap that envisions a future centred around artificial intelligence (AI) and developing a groundbreaking blockchain. This comprehensive plan, called "Endgame," comprises five distinct phases that promise to reshape the landscape of decentralized finance.
🌕The journey begins with a strategic rebranding effort to unify the identity of MakerDAO and DAI. However, this transformation will not affect the fundamental features of the DAI stablecoin or its associated Maker governance token. To further expand its ecosystem, MakerDAO plans to introduce two new tokens, temporarily referred to as "NewStable" and "NewGovToken," which will incorporate advanced functionalities and enhancements. (phase 1)
🌕As the roadmap progresses, MakerDAO will unleash six "Maker SubDAOs" and complementary NewStable token farms. These innovative subDAOs will serve as facilitators and allocators, streamlining the complex governance processes that MakerDAO oversees. (phase 2)
🌕Phase 3 strongly focuses on AI, as MakerDAO aims to deploy internal AI tools to optimize governance tasks. By implementing cutting-edge AI solutions, such as data siloing and advanced monitoring systems, MakerDAO is set to revolutionize how decentralized organizations operate.
🌕Beyond internal developments, MakerDAO intends to make a meaningful impact in the open-source AI landscape. "The Purpose Fund" is a groundbreaking initiative by MakerDAO to fund and promote free AI models and tools. By doing so, socially impactful industries and projects will harness the power of AI to increase self-sustainability and efficiency gains.
🌕In phase 4, MakerDAO will introduce the "Governance Participation Incentive. Through gamification and rewarding experiences, users will be encouraged to actively engage with the MakerDAO platform, fostering a vibrant and participatory community.
🌕Finally (phase 5), MakerDAO aims to build a proprietary blockchain called "NewChain". This unique blockchain will coexist with the Ethereum network and serve as an additional security and governance layer for MakerDAO's tokens. Notably, NewChain will provide a robust governance backend that operates through a secure bridge, ensuring the seamless functionality of NewStable, NewGovToken, Dai, and MKR tokens on Ethereum and NewChain. This innovative approach empowers MakerDAO to leverage hard forks as a governance mechanism, protecting against potential power attacks or abuse by majority holders.
🌕In conclusion, MakerDAO's roadmap presents an ambitious vision for the future of decentralized finance. By prioritizing AI technologies, fostering open-source AI development, enhancing governance processes, and introducing a proprietary blockchain, MakerDAO aims to revolutionize the industry and create a more efficient, inclusive, and sustainable financial ecosystem.
🌕Innovative Roadmap by MakerDAO: Empowering Open-Source AI Projects
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📒Resources:
https://twitter.com/MakerDAO/status/1657019727963893760
